A pottery company had sales of N176,000 during the current period and a gross profit rate of 40%.
The company's cost of merchandize available for sale during the period was N128,000. The company's ending inventory is?

The balance on a purchase ledger control account represents the?

A powerful instrument of control over both the sales ledger and the clek whose duty is to post the ledger is the?

Mini Enterprises Sales Ledger as at 31/12/94
read:
N
Balance b/f 12750
Total credit sales 28185
Payments by debtors 12112
Discount allowed 638
Sales returns 1500

Prepare the sales ledger control account and determine the balance due from debtors.